Gate founder Dr. Han interprets industry transparency: If you can't withstand auditing, don't talk about long-termism.
TL;DR
Gate founder Dr. Han argues that transparency, especially through Proof of Reserves, is crucial for industry maturity and long-term success. He states that companies avoiding audits lack a true competitive advantage and shouldn't claim long-termism.
Tags
According to ChainCatcher, Gate founder Dr. Han, in an interview with Wu Blockchain podcast, mentioned Proof of Reserves (PoR) and stated that the industry still has significant room for improvement in transparency.
Dr. Han points out that when an industry matures, transparency becomes a competitive advantage; companies that don't accept publicly disclosed pricing are essentially evading scrutiny. He further emphasizes that the real moat isn't traffic, but the ability to withstand audits; if you're afraid to even talk about being audited, don't talk about long-termism.